Area Intelligence

SIBU TOWN SQUARE COMMERCIAL CENTRE

6 properties
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Median Price
RM 1,295,000
PSF: RM 1,036

Commercial Market

Median Price

RM 1,295,000

IQR: RM 124
MAD: RM 67
RM 1,036 PSF 0.2%

PSF Trends (2021-2025)

SIBU TOWN SQUARE COMMERCIAL CENTRE in Bahagian Sibu, Sarawak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 1,036.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.30 million, with most transactions falling within a stable range of RM 1.22 million to RM 1.37 million, and a typical market range of RM 1.24 million to RM 1.35 million.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,036, with most transactions between RM 969 and RM 1,103. The usual range is RM 973.63 to RM 1,097.38, showing that most units are priced quite close to each other. With an IQR of RM 123.75 and MAD of RM 67, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SIBU TOWN SQUARE COMMERCIAL CENTRE, Bahagian Sibu, Sarawak

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Transactions

6 properties grouped by size

1,200 sqft
5 units 4-Storey Storey Shop
RM 1,200,000
LORONG LAU KING HOWE
1,181 sqft · RM 1,016.00 PSF
Feb 2024
RM 1,300,000
LORONG LAU KING HOWE
1,181 sqft · RM 1,101.00 PSF
Jan 2024
RM 1,000,000
BLOCK 10,UPPER LANANG ROAD, SIBU
1,214 sqft · RM 824.00 PSF
Oct 2023
RM 1,290,000
LORONG LAU KING HOWE
1,223 sqft · RM 1,055.00 PSF
Dec 2022
RM 1,350,000
LORONG LAU KING HOWE
1,223 sqft · RM 1,104.00 PSF
Jun 2022
1,500 sqft
1 units 4-Storey Storey Shop
RM 1,400,000
JALAN HOSPITAL
1,476 sqft · RM 949.00 PSF
Dec 2022